New News information at Wood Based Panels New and updated information from News listed on en-us New News information at Wood Based Panels http://http// World’s tallest wooden building completed in Norway The Mjösa Tower has officially opened in Brumunddal, Norway, taking over the title of the world’s tallest wooden building. The 18-floor building reaches up to a height of 85.4m and the building includes a hotel, private homes and office space. Metsä Wood’s fast, light and green Kerto LVL products were used in the intermediate floor elements of the building. Thu, 30 May 2019 07:19:29 GMT US imports of Vietnamese hardwood plywood surge as prices plummet US imports of hardwood plywood from Vietnam and Indonesia increased as imports from China fell by 50,000 to 100,000m3/month. Vietnam's export volume rose by 25,000km3/month but their prices into the US dropped below the world average for the first time. Thu, 30 May 2019 07:18:03 GMT Uniboard announces C$18m plant expansion Uniboard has announced a C$18m investment to expand and modernise its plant in Mont Laurier, Quebec. The enhancements will include improvements to reduce the plant’s greenhouse gas emissions and increase MDF production capacity. Thu, 30 May 2019 07:10:14 GMT Truck-receiving systems for Egger’s new mill in North Carolina Bruks Siwertell, a global leader in bulk handling and wood processing solutions, has announced an agreement to supply two automated truck-receiving and storage systems for Egger Wood Products’ state-of-the-art particleboard manufacturing facility, currently under construction in Linwood, North Carolina. All Bruks’ systems are planned for commissioning towards the end of 2019. Thu, 30 May 2019 07:02:52 GMT Setra reports Q1 operating profit of SEK83m (US$9m) Setra, one of Sweden’s largest wood products companies, has reported an operating profit of SEK83m (US$9m) for Q1, 2019. Thu, 30 May 2019 07:01:37 GMT MEDITE SMARTPLY announces its next generation OSB4 panel MEDITE SMARTPLY, producers of a versatile range of MDF and OSB building products, has recently announced its next generation OSB4 panel SMARTPLY ULTIMA. Thu, 30 May 2019 06:59:21 GMT Hettich Group sales exceed €1bn The Hettich group of companies, one of the world's largest manufacturers of furniture fittings, with headquarters in Kirchlengern, generated sales of €1.059bn in 2018. This represents an increase of 8.6% over 2017 at €975m. Thu, 30 May 2019 06:58:01 GMT Brazil’s wood based panel exports rose 4% 2018 was a record year for the planted forest sector in Brazil and the trade balance advanced 28% due to an increase in exports of pulp, wood based panels and paper, according to the Brazilian Tree Industry (Ibá). Thu, 30 May 2019 06:57:06 GMT Boise Cascade reports Q1 sales of US$1bn Boise Cascade, one of the largest producers of plywood and engineered wood products in North America, reports net income of US$11.4m on sales of US$1bn for Q1 ended March 31, 2019. Thu, 30 May 2019 06:54:40 GMT 22 million tons of wood pellets shipped globally Global trade of wood pellets jumped more than 21% year-over-year in 2018 when a new record of 22.3 million tons was shipped, according to the North American Wood Fiber Review. The five major pellet-exporting countries (the US, Canada, Vietnam, Latvia, and Russia) have remained the top exporters for over five years. They accounted for about 69% of the world’s export volume in 2018. Thu, 30 May 2019 06:53:37 GMT